Articles

Treasury Secretary Paulson discussed his plan today to shore up the banks by using public money to buy toxic real-estate assets from their balance sheets. Here's how I think it should be structured so the mega-millionaires on Wall Street don't continue to suck money out of our pockets.

The AP has just released the following report. If it is true, it raises one important economic question - how $50 billion in Treasury assets can cover $3 trillion in new liabilities, and is the US government going to lose its credit rating between Fannie/Freddie and this?

Financial crisis, if played correctly, can be an opportunity to put yourself in a better financial position. Here are 5 tips to protect yourself and take advantage of adverse conditions.

When we left off, the evil forces of Dark Short had forced both Lehman Brothers and AIG to their knees. Fearing a slaughter at the hands of an unruly mob, Lehman had thrown the white flag, praying for mercy and hoping its body parts wouldn't be hacked to bits and scattered across the land...

I made the call on the Samsung bid for Sandisk. Now I am telling you what comes next.

The Fed stood pat on rates today, keeping the Fed Funds Rate at 2%, despite widespread turmoil on Wall Street. Weak growth is fighting inflation to a standstill within the Fed. Savings and money market rates and cd rates should remain relatively stable or even trend higher with this announcement.

As late as Friday, it looked like a virtual lock that the Fed would keep rates at 2%. But the activity of the last couple of days has dramatically increased the odds the Fed will lower rates. If you are thinking of opening a CD, now may be a good time.

In the blink of an eye, two icons of Wall Street look like they may cease to exist as independent companies. In a surprise move, Bank of America looks set to purchase Merrill Lynch. After scrambling unsuccessfully to find a buyer, Lehman Brothers is preparing to file for bankruptcy.

Former Fed chief Alan Greenspan said today on CBS's This Week that more major financial institutions may fail and that the government should not protect them all.

Samsung and Sandisk have confirmed discussions about an acquisition. This would be a brilliant move for Samsung, but doesn't serve Sandisk's shareholders well at all.

Nokia's warning today was a long time in coming, and it isn't any surprise. To be certain, this isn't a "buying opportunity". Steer clear.

The problem with the iPhone 3G is ATT,just as it was with the iPhone 2G.